February 28, 2024

Lansing, MI – January 2024 Jobs Report – Steady Growth Amidst National Uncertainty

Lansing’s job market exhibited stability in January 2024, echoing the national trend of cautious optimism amidst broader economic concerns. While significant fluctuations weren’t observed, specific sectors and job categories showcased encouraging developments.

Highlights:

Overall job growth remained steady: No substantial gains or losses were reported compared to December 2023.
Key industries displaying growth: Healthcare and Social Assistance, Professional and Business Services, and Education and Training saw positive trends.
Specific occupations in demand: Registered Nurses, Software Developers, and Marketing Specialists remained highly sought-after.

What Industries and Occupations Grew:

Healthcare and Social Assistance: This sector added the most jobs, driven by demand for Registered Nurses, Nursing Assistants, and Home Health Aides.
Professional and Business Services: Growth was observed in occupations like Marketing Specialists, Management Analysts, and Computer Systems Analysts.
Education and Training: Teacher positions, particularly in specialized fields, saw an uptick in demand.

What Industries and Occupations Shrank:

Retail Trade: This sector experienced slight job losses, primarily impacting Cashiers and Sales Associates.
Manufacturing: While not significant, some decline was observed in production-related positions.
Leisure and Hospitality: This industry saw minimal job losses, mainly concentrated in Food Preparation and Serving roles.

Compare to Same Month Last Year:

Year-over-year growth: Job postings in Lansing increased by 2.5% compared to January 2023.
Healthcare and Education lead growth: These sectors continued to be major contributors to job creation, aligning with national trends.
Manufacturing experiences mixed results: While some specific roles declined, overall industry employment remained stable.

Compare to Previous Month:

Month-over-month stability: No significant changes were observed in total job postings compared to December 2023.
Seasonal fluctuations: Hiring in certain industries, like Retail Trade, might have dipped slightly due to post-holiday adjustments.

Future Outlook:

Cautiously optimistic: While national economic predictions remain uncertain, Lansing’s job market is expected to experience moderate growth in 2024.
Continued demand in key sectors: Healthcare, Professional and Business Services, and Education are likely to remain major job creators.
Focus on skills development: Investing in relevant skills and training will be crucial for job seekers to capitalize on emerging opportunities.

10 Growing Occupations in Lansing, MI:

10 Companies Hiring Now in Lansing, MI:

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